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From TO to Bermuda

16 years ago
I've been offered a position in Hamilton, Bermuda at $90k (US) per year. I am allowed $3k for moving (if I provide receipts), no housing allowance, 50/50 pay towards company health, 4.75% 'payroll tax', around $200 per pay towards 'social' taxes, 5% each cheque towards company pension (matched 5% by company; up to 10% after 2 years), 3 weeks vacation, no flights home. Can my wife and I get by on this, or will we be significantly broke? How about if she's working on the island with a similar income?

This could be a nice experience, but it's not worth going broke for.

SJB Global
SJB Global
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB Global
SJB Global

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